| Rank | Counsel | Volume ($MM) |
Deal Count (Total) |
Deal Count (Issuer Counsel) |
Deal Count (UW Counsel) |
Avg Size ($MM) |
% Share |
|---|---|---|---|---|---|---|---|
| 1 | Skadden, Arps, Slate, Meagher & Flom | 20,550.1 | 50 | 22 | 28 | 411.0 | 12.41% |
| 2 | Kirkland & Ellis | 20,501.0 | 64 | 34 | 30 | 320.3 | 12.38% |
| 3 | Ropes & Gray | 19,486.3 | 43 | 10 | 33 | 453.2 | 11.77% |
| 4 | Ellenoff Grossman & Schole | 16,935.7 | 69 | 41 | 28 | 245.4 | 10.23% |
| 5 | White & Case | 15,101.1 | 47 | 24 | 23 | 321.3 | 9.12% |
| 6 | Davis Polk & Wardwell | 14,323.2 | 36 | 5 | 31 | 397.9 | 8.65% |
| 7 | Weil, Gotshal & Manges | 7,235.8 | 14 | 11 | 3 | 516.8 | 4.37% |
| 8 | Graubard Miller | 5,869.8 | 25 | 8 | 17 | 234.8 | 3.54% |
| 9 | Shearman & Sterling | 5,246.1 | 12 | 0 | 12 | 437.2 | 3.17% |
| 10 | Paul, Weiss, Rifkind, Wharton & Garrison | 4,849.1 | 6 | 5 | 1 | 808.2 | 2.93% |
| 11 | Greenberg Traurig | 4,767.0 | 18 | 8 | 10 | 264.8 | 2.88% |
| 12 | Winston & Strawn | 4,600.6 | 14 | 12 | 2 | 328.6 | 2.78% |
| 13 | Cadwalader, Wickersham & Taft | 4,172.5 | 2 | 2 | 0 | 2,086.3 | 2.52% |
| 14 | Loeb & Loeb | 2,874.4 | 22 | 15 | 7 | 130.7 | 1.74% |
| 15 | Latham & Watkins | 2,797.1 | 7 | 4 | 3 | 399.6 | 1.69% |
| 16 | Goodwin Procter | 2,543.2 | 10 | 10 | 0 | 254.3 | 1.54% |
| 17 | Paul Hastings | 2,129.9 | 7 | 2 | 5 | 304.3 | 1.29% |
| 18 | Ledgewood PC | 1,714.7 | 5 | 5 | 0 | 342.9 | 1.04% |
| 19 | Vinson & Elkins | 1,153.0 | 4 | 4 | 0 | 288.2 | 0.70% |
| 20 | Sullivan & Cromwell | 1,050.0 | 2 | 2 | 0 | 525.0 | 0.63% |
| 21 | Sidley Austin | 809.6 | 4 | 0 | 4 | 202.4 | 0.49% |
| 22 | Cleary Gottlieb Steen & Hamilton | 724.5 | 1 | 1 | 0 | 724.5 | 0.44% |
| 23 | Morgan, Lewis & Bockius | 600.0 | 1 | 1 | 0 | 600.0 | 0.36% |
| 24 | Fried, Frank, Harris, Shriver & Jacobson | 575.0 | 1 | 1 | 0 | 575.0 | 0.35% |
| 25 | Proskauer Rose | 518.8 | 2 | 1 | 1 | 259.4 | 0.31% |
| 26 | Schiff Hardin | 513.0 | 4 | 2 | 2 | 128.3 | 0.31% |
| 27 | Akin Gump Strauss Hauer & Feld | 404.2 | 1 | 1 | 0 | 404.2 | 0.24% |
| 28 | Simpson Thacher & Bartlett | 402.5 | 1 | 1 | 0 | 402.5 | 0.24% |
| 29 | Debevoise & Plimpton | 345.0 | 1 | 1 | 0 | 345.0 | 0.21% |
| 30 | Milbank | 276.0 | 1 | 1 | 0 | 276.0 | 0.17% |
| 31 | Venable | 230.0 | 1 | 1 | 0 | 230.0 | 0.14% |
| 32 | Reed Smith | 230.0 | 1 | 0 | 1 | 230.0 | 0.14% |
| 33 | Hughes Hubbard & Reed | 212.0 | 1 | 1 | 0 | 212.0 | 0.13% |
| 34 | White and Williams | 201.3 | 1 | 0 | 1 | 201.3 | 0.12% |
| 35 | Willkie Farr & Gallagher | 200.0 | 1 | 1 | 0 | 200.0 | 0.12% |
| 36 | Crowell & Moring | 200.0 | 1 | 1 | 0 | 200.0 | 0.12% |
| 37 | Tarter Krinsky & Drogin | 172.5 | 1 | 1 | 0 | 172.5 | 0.10% |
| 38 | K&L Gates | 172.5 | 1 | 0 | 1 | 172.5 | 0.10% |
| 39 | Willkie, Farr & Gallagher | 163.8 | 1 | 1 | 0 | 163.8 | 0.10% |
| 40 | Gennari Aronson | 136.0 | 1 | 1 | 0 | 136.0 | 0.08% |
| 41 | Haynes and Boone | 115.0 | 1 | 1 | 0 | 115.0 | 0.07% |
| 42 | Hunter Taubman Fischer & Li | 110.0 | 1 | 0 | 1 | 110.0 | 0.07% |
| 43 | Blank Rome | 100.0 | 1 | 1 | 0 | 100.0 | 0.06% |
| 44 | Cooley | 82.6 | 1 | 1 | 0 | 82.6 | 0.05% |
| 45 | Horwitz + Armstrong | 72.8 | 1 | 1 | 0 | 72.8 | 0.04% |
| 46 | Scarinci Hollenbeck | 57.5 | 1 | 0 | 1 | 57.5 | 0.03% |
| 47 | Raiti | 46.0 | 1 | 1 | 0 | 46.0 | 0.03% |
| 48 | Kramer Levin Naftalis & Frankel | 40.0 | 1 | 0 | 1 | 40.0 | 0.02% |
Credit for Volume ($MM) is awarded to both Issuer and Underwriter Counsel